dodd-frank

Learning outcome: Explain the major changes to the U.S. financial market regulations as a result of Dodd-Frank. Questions: 524.1. One lesson from the 2007 credit crisis is that over-the-counter (OTC) derivatives, which are supposed to protect business from risks, can create systemic risk by...

Learning outcome: Explain the major changes to the U.S. financial market regulations as a result of Dodd-Frank . Questions: 523.1. Although there is debate about the cause(s) of the 2007-08 credit crises, most commentators agree that the origin included irresponsible lending practices. In...